According to generally reliable KGI Securities analyst Ming-Chi Kuo (via MacRumors), Apple (NASDAQ:AAPL) is set to reduce the production of the iPhone 8, which first went up for sale on Sept. 22, by between 50% and 60% in the current quarter.

The production cut, Kuo says, is due to "fewer major selling points" and a "consumer preference for iPhone 8 Plus" given the mere $100 price difference between the iPhone 8 and the iPhone 8 Plus.

Fortunately, though Kuo says that while iPhone 8 demand isn't as strong as Apple had hoped, does have some good news for Apple investors.

First, the larger iPhone 8 Plus is apparently selling a bit better than expected (something that Apple CEO Tim Cook confirmed on the company's Nov. 2 earnings conference call). Additionally, Kuo thinks that Apple is going to ratchet up iPhone X production by 35%-40% in the current quarter to help reach supply-demand balance for the company's latest iPhone.

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Quotepdq
Yeah - for myself, I have my eyes on the plus. Same dual-camera with optical stabilization, same wireless charging (which I think I would make use of) as the X.

FYI, there is a difference in the cameras between the 8 Plus and X. 8 Plus only has the wide angle lens with optical stabilization. X has both lenses with optical stabilization, plus the telephoto is slightly faster (f/2.4 vs f/2.8).